Darre11, your words as quoted below ring loudly in my ears. As I have stated before, I believe this share has been pushed down over at least the last 18months (as are many others) in this case allowing Besix a grand takeover opportunity in the future. All carefully planned from both sides. The Royal Commission into the Financial Sector has well pointed out how easy it is for companies to 'assist' the so called 'independent assessor' into saying what they want to hear . There is little interest in Watpac on Hot Copper or elsewhere for that matter so I guess it will all, in due time, go ahead and at the very best price for Besix and those that stay on.
Yes, as you say, be mindful... your quote:
'mindful that there is incentive to drive Watpac even cheaper for takeover down the line.'
WTP Price at posting:
79.0¢ Sentiment: None Disclosure: Held